Daddy and mommy what are your ways to teach your kids how to save money ?


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Read moreI would buy my daughter a coin bank. I will encourage her to save whatever money is left from her daily baon. Once the coin bank is full, I will bring her to the bank to open up her own account and deposit the total amount of money that she has saved. I will also add some amount to her deposit.
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My kids both has their coin banks, at the end of the month, i place it in their respective savings plans. At an early age, me and my husband, make sure that we are able to impart to them the value of saving money.
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Ill tell my child that if she wants anything from a store or mall, we can't immediately buy it, we have to save money first.